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Compensable Job Factor
Elements of a job that are considered when determining pay, such as skill level, effort, responsibility, and working conditions.
Internal Equity
In compensation refers to comparisons made by employees to other employees within the same organization.
Classification System
The classification system for job evaluation attempts to group sets of jobs together into clusters, which are often called grades.
Job Evaluation
The process of analyzing and assessing various jobs systematically to ascertain their relative worth in an organization.
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